14,16,18,20 W Highland Ave, Philadelphia, PA 19118

Property Description

An exceptional investment and redevelopment opportunity in the heart of Chestnut Hill. Offered for sale as a preferred four-parcel package, 14–20 W Highland Avenue presents a rare chance to acquire a mixed-use portfolio with immediate income, value-add potential, and long-term redevelopment flexibility. The offering consists of four contiguous parcels currently improved with two sets of twin buildings. The current uses include a blend of residential and commercial uses: 14 W Highland features professional office space with a two-bedroom apartment above; 16 W Highland is configured as a triplex; 18 W Highland is an updated office building that could potentially be converted back to a single-family residence or multifamily; and 20 W Highland is a single-family home ready for a comprehensive renovation. The property provides a compelling combination of in-place cash flow and future upside. Zoned CMX-1, the site offers a wide range of possibilities for investors, developers, owner-occupants, or those seeking to reposition the assets over time, subject to all applicable municipal approvals and due diligence. Additional highlights include four on-site parking spaces and an outstanding location just steps from Chestnut Hill's historic shopping, dining, and business district. With convenient access to public transportation, major roadways, and one of Philadelphia's most desirable neighborhoods, opportunities of this scale and flexibility are exceptionally rare.